Buy a property
Sell your property
Find your local agent

Opportunity knocks

Here for your property journey

News and market insights

Property experts since 1902

Browse

Terms

Floorplan Show all photos

Sold

501/133 Jolimont Road,
East Melbourne 3002, Victoria

1 bedroom
1 bathroom
Apartment

$195,000

Property details

A standout investment steps to the G and the best of Melbourne!

Enjoying views of the iconic MCG and providing fantastic returns as part of
the 'Mantra on Jolimont' complex, this 1 bedroom apartment represents a
stunning investment opportunity located in arguably Melbourne's most highly
sought-after suburb.

Rental Return:
Up to a 6% Rental Yield per year on earnings pre-covid.

This property is part of the hotel pool of the Mantra complex which runs until
the 31st August 2024, however there is the option to extend out another 5
years until 2029. This property was achieving returns as high as $1500 per
month (approx.) prior to the COVID-19 pandemic, with these returns slated to
peak again as travellers come back into the state. The location alone is
enough to see why, with nearby MCG and Rod Laver Arena popular tourist
destinations which attract AFL fans in winter and cricket and tennis watchers
during the summer months.

The apartment itself is saturated in natural light and delivers spacious living
and meals which has direct views of the MCG, stone kitchen with stainless
steel appliances, bright bedroom, stylish bathroom, laundry facilities, air-
conditioning, TV with Foxtel, bar fridge, and much more! You also have
access to building facilities including an outdoor heated pool and spa, gym,
24-hr reception, and onsite restaurant.

So close to Fitzroy Gardens, Treasury Gardens, Birrarung Marr, Yarra Park,
Federation Square, lively Bridge Road and Swan Street with great
restaurants, cafes, and bars, amazing CBD attractions, trams, and Jolimont
Station.

*Government directions require all open home attendees to be fully vaccinated. If you are fully
vaccinated you are welcome to attend one of the advertised open for inspection times, where
proof of vaccination is required prior to entry. If you are not fully vaccinated and would like to
view this home please contact our team to organise a private inspection. We thank you for
assisting us as we implement directions from the Victorian government. Effective from 6pm
Friday, 29th October 2021.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Explore the area

School catchments

  • Richmond West Primary School Primary Prep-6 Government 1.6km
  • Melbourne Girls Grammar - Morris Hall Campus Combined Independent 1.6km
  • Eltham College - Lonsdale Street Campus Combined Independent 1.7km
  • Melbourne Grammar School Combined Prep-12 Independent 1.7km
  • St Kevin's College - Waterford Combined Catholic 1.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

Back to top